Trending Auto Retail News
The Two Major Causes of Technology Outages at Dealerships
Erik Nachbahr shares the two major causes of outages that can disrupt a dealership’s operations and how to avoid them.
Three Tips for Maintaining Profit When Taking in Off-Brand Trades
By Majd Saboura, Senior Director of Offsite Solutions, Manheim Franchise dealers are taking in more off-brand trades than ever before — and that trend is likely to continue. In the past, a franchise dealer’s used vehicle mix would typically be around 80 percent on...
Manheim Surpasses Two Million Digital Transactions in 2019
Clients are increasingly turning to digital options to gain efficiencies. ATLANTA – November 21, 2019 – Manheim’s investment in giving clients more ways to transact anytime, anywhere is driving greater confidence, with clients increasingly turning to the company’s...
New Study Highlights How the Automotive Industry Can Drive More Shoppers to Businesses
NEW YORK–(BUSINESS WIRE)–Marketing attribution software company LeadsRx and iHeartMedia today released the findings from their new marketing attribution study focused on automotive radio advertising. In 2018, the automotive industry accounted for $1.2 trillion in...
Kelley Blue Book Announces 2020 Best Buy Award Winners
Prestigious Annual Awards Name Kia Telluride Best New Model for 2020 IRVINE, Calif., November 20, 2019 – Following head-to-head testing, evaluation and data analysis of 2020 model-year vehicles, the experts at Kelley Blue Book today announce the 2020 Kelley Blue Book...
Who’s the Baby? Recalls and Infants
By Dan Beres, Managing Partner, Recall Masters When people think of recalls, at least in our industry, most think about vehicles. For many consumers, merely contemplating spending their time at a dealership waiting for recall-related repairs or not having use of their...
Dealertrack F&I Enhances Integration to Streamline Lease Contract Workflow for Dealers and Lenders
Dealers on CDK Global DMS can now import both retail and lease deals into Digital Contracting on Dealertrack uniFI® platform; Lenders gain greater ability to contract NORTH HILLS, N.Y., November 18, 2019 – Dealertrack F&I announced today an expanded integration...
Why Being a Team Player is Vital to Success
Mike Trasatti shares how every person has a role in a business’s success but harmony is only achieved if everyone works together.
#WittsWiseWords: The Language of Losers
As Bill Wittenmyer says “Change your words and you’ll change the result.” Setting yourself up for success starts with eliminating words from your vocabulary that remove doubt that you will produce.
Automotive Tech Startup, Drivably, Launches Two Revolutionary Tools to Improve Used Car Acquisition Process
Drivably’s Revamped Bulk Inventory Diagnosis Tool (BID) automates the process of sourcing mass lists of vehicles and returns key metrics to make better buying decisions. Drivably’s new Chrome Extension gives buyers the ability to hover over any VIN online and...
How Using Industry Jargon Can Cost You Sales
Mike Correra shares how using industry jargon with customers can cost your dealership sales.
Auto Loan Originations Observations
Originations through June 2019 reported as of August 2019 12.3 million auto loans, totaling $286.2 billion, have been originated year-to-date. This is a 0.6% decrease in accounts and a 2.6% increase in balances over this time last year. Auto loans represent 86.6% of...
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